Checked the post box today and something from the family accountants?
A cheque from the ATO for $2500 – finally. This is for two super co-contributions that I put into our SMSF for ET – the wife.
I posted about this 12 months ago, the first contribution of $1000 was three years ago when the govt. was offering $1.50 for every $1.00 put into super up to $1000 for people below a certain income level, that’s $1500. With Labour having spent all the surplus Wayne Swan started his penny pinching crusade and the co-contribution was reduced to a dollar for a dollar which amounts to $1000 –that adds up to $2500.
The exact amount is actually $2500.01, yep…two thousand and five hundred dollars and one cent.
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